China Authorities See Downside Growth Risks, Westpac's Cheung Says

The video discusses China's recent fiscal stimulus measures aimed at supporting market liquidity and promoting loan growth. These measures are seen as a response to downside growth risks, partly due to ongoing trade tensions. The discussion covers the impact on risk sentiment and market volatility, the shift in policy towards a more gradual deleveraging path, and the challenges in expanding formal credit amidst a crackdown on shadow banking. The video also explores China's economic strategy in the face of trade tensions with the US.

What measures have the Chinese authorities taken to support money market liquidity?

What is the significance of the term 'mini fiscal stimulus' in the context of China's recent economic policies?

How do the ongoing trade tensions affect China's economic growth?

In what ways might the Chinese authorities' approach to deleveraging change in the future?

What challenges do banks face in responding to the credit market measures proposed by the Chinese authorities?